This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond,
3 month T-Bill, and US inflation. For each year of each simulation, a random return and
inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current
savings, the amount that you can save annually before you retire, and the amount that
you plan to withdraw after retirement. Your annual deposits and withdrawals take
inflation into account. For example, if you need $50,000 to live on in retirement using today's
dollars, we will automatically take into account the cost of living for your retirement
years. The same is true for your annual deposits. Next, decide if you'd like to simulate
a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash.
Cash assumes that your money is stored in a savings account. You can then alter the
future returns and inflation. For example, if the market has historically returned about
10%, but you think the future will be worse, modify the stock returns by -3%, and the
future returns will average out to 7%. Investment fees can also lower stock market returns.
Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities,
and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must
also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently
than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past.
In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei
Index is still well below its 1989 peak. Numerous other markets have changed
drastically and never recovered. However, this online tool is helpful in retirement planning and
estimating how much you might need for retirement, especially those hoping to retire early.
We recommend receiving advice from a financial planner.

Want to retire with $538,000?

Depending on your rate of return and investment timeframe, you'll need to
save this amount every month.

2%

4%

6%

8%

10%

17.4%

1 years

$44,428

$44,032

$43,646

$43,269

$42,901

$41,611

2 years

$21,994

$21,584

$21,187

$20,802

$20,429

$19,140

3 years

$14,517

$14,106

$13,710

$13,328

$12,961

$11,714

4 years

$10,779

$10,369

$9,977

$9,602

$9,244

$8,048

5 years

$8,537

$8,129

$7,743

$7,375

$7,027

$5,886

6 years

$7,043

$6,638

$6,257

$5,898

$5,560

$4,474

7 years

$5,976

$5,575

$5,200

$4,849

$4,522

$3,491

8 years

$5,176

$4,779

$4,410

$4,068

$3,751

$2,775

9 years

$4,555

$4,161

$3,798

$3,465

$3,159

$2,237

10 years

$4,057

$3,667

$3,311

$2,987

$2,692

$1,822

11 years

$3,651

$3,265

$2,915

$2,599

$2,315

$1,496

12 years

$3,312

$2,930

$2,587

$2,280

$2,006

$1,237

13 years

$3,026

$2,648

$2,311

$2,013

$1,749

$1,027

14 years

$2,781

$2,407

$2,077

$1,787

$1,534

$857

15 years

$2,569

$2,199

$1,875

$1,594

$1,350

$717

16 years

$2,384

$2,018

$1,700

$1,427

$1,193

$602

17 years

$2,220

$1,858

$1,547

$1,282

$1,058

$507

18 years

$2,075

$1,717

$1,412

$1,155

$941

$427

19 years

$1,945

$1,591

$1,293

$1,044

$839

$361

20 years

$1,828

$1,479

$1,186

$946

$749

$305

21 years

$1,723

$1,377

$1,091

$858

$670

$258

22 years

$1,627

$1,286

$1,006

$780

$601

$219

23 years

$1,540

$1,202

$929

$711

$539

$186

24 years

$1,460

$1,127

$859

$648

$485

$157

25 years

$1,387

$1,057

$796

$592

$436

$134

26 years

$1,319

$994

$738

$541

$393

$114

27 years

$1,257

$935

$685

$495

$354

$96

28 years

$1,199

$881

$637

$454

$320

$82

29 years

$1,145

$831

$593

$416

$289

$70

30 years

$1,095

$785

$552

$382

$261

$59

31 years

$1,048

$742

$515

$351

$236

$50

32 years

$1,005

$702

$480

$322

$213

$43

33 years

$963

$665

$448

$296

$193

$37

34 years

$925

$630

$419

$273

$175

$31

35 years

$889

$598

$392

$251

$158

$26

36 years

$854

$567

$366

$231

$143

$23

37 years

$822

$539

$343

$213

$130

$19

38 years

$792

$512

$321

$196

$118

$16

39 years

$763

$487

$301

$181

$107

$14

40 years

$736

$463

$282

$167

$97

$12

41 years

$710

$441

$264

$154

$88

$10

42 years

$685

$420

$248

$142

$80

$9

43 years

$662

$400

$233

$131

$72

$7

44 years

$639

$382

$218

$121

$66

$6

45 years

$618

$364

$205

$112

$60

$5

46 years

$598

$347

$193

$103

$54

$5

47 years

$578

$331

$181

$96

$49

$4

48 years

$560

$316

$170

$88

$45

$3

49 years

$542

$302

$160

$82

$41

$3

50 years

$525

$288

$150

$75

$37

$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $538,000,
adding $6,956 every year, while hoping to spend $26,276 every
year in retirement. These numbers increase with inflation.

Reality usually performs much different than the expected returns. This uses historical
averages, but anything can happen. In general, riskier investments have greater returns on average,
but more volatility in the short term.